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Rating: ★ ★ ★ ★ ★

HDFC Banking & PSU Debt Fund Direct Plan Growth Option

NAV

17.158
+ 0.0131

as on (05 Jun, 2020)

RETURNS

8.46 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

0.36 %

Benchmark

CRISIL Short Term Bond Fund TR INR

Asset Size

6031.4 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

To generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector
undertakings (PSUs), Public Financial Institutions (PFIs), Municipal Corporations
and such other bodies.
There is no assurance that the investment objective of the Scheme will be realized.

Fund manager

Anil Bamboli

(since 26 Mar, 2014)

Exit load

N / A

Minimum sip

₹ 500

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

National Highways Authority Of India

9.61 %

National Bank For Agriculture And Rural Development

7.34 %

Food Corporation Of India

6.88 %

Tata International Limited

5.42 %

Sector Allocation

About the Scheme Type

Banking and PSU Fund

Banking and PSU debt funds are generally seen as an alternative for bank deposits with low risk, liquidity and the appetite to generate stable returns. As seen in the past, these funds have an average maturity of about 2 years and invest mostly in AAA rated securities – bank certificates of deposits or bonds / debentures of PSUs. The volatility in their case is relatively lower than long-duration funds and is suited for investors looking for higher returns than bank deposits but at the same time, do not want to be exposed to high risks

Ratings

This fund is rated 5 stars by Morning Star Ratings.

★ ★ ★ ★ ★

Overview of HDFC Asset Management Company Limited

HDFC Mutual Fund is one of India’s largest and well established
mutual funds houses with focus on delivering consistent fund
performance across categories since the launch of the first
scheme(s) in July 2000. We, at HDFC Mutual Fund, believe in
constantly reviewing the markets for new trends, identifying new
growth sectors and sharing this knowledge with our investors in
the form of product offerings, so as to give our investors long-term
benefits. HDFC Mutual Fund has various products across asset
and risk categories to enable investors to invest in line with their
investment objectives and risk taking capacity.

Vision of HDFC Mutual Fund – To be a dominant player in the
Indian mutual fund space recognized for its high levels of ethical
and professional conduct and a commitment towards enhancing
investor interests.
HDFC’s Mutual Fund philosophy is based on 3 pillars.

Invest Profitably: The single most important factor that drives
HDFC Mutual Fund is its belief to give the investor the chance
to profitably invest in the financial market, without constantly
worrying about the market swings.

Research & Analysis: To realize this belief, HDFC Mutual Fund
has set up the infrastructure required to conduct all the
fundamental research and back it up with effective analysis.